Career Point surges on signing MOU with Rajasthan government

The stock surged 10% to Rs 149 on BSE.

SI Reporter Mumbai
Last Updated : Dec 29 2014 | 9:33 AM IST
Career Point has surged 10% to Rs 149 on BSE after the company said it has signed a memorandum of understanding (MOU) with Rajasthan Skills and Livelihood Development Corporation (an undertaking of Government of Rajasthan) to impart skill development training.

The company will be responsible for mobilization, training and assessment of the candidates for various employment linked courses, Career Point said in a statement,

The company has been allotted 10 sectors which include banking & accounts, courier & logistics, electrical, electronics, agriculture, ICT, hospitality, business & commerce, automotive &repair and retail, it added.

The stock opened at Rs 138 and hit a high of Rs 152 on BSE. The trading volumes on the counter more than doubled with a combined 322,262 shares changed hands till 0925 hours on BSE and NSE.
 

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First Published: Dec 29 2014 | 9:31 AM IST

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